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Zach
@zd
Amazon launches Amazon Haul to take on Shein + Temu Every item is <$20 and shipping is free for orders $25+ The catch: Longer shipping times "Amazon is betting shoppers will wait longer for products in exchange for rock-bottom prices. The company noted that most purchases made in Amazon Haul will be delivered in under two weeks, “although shipping times may vary and are dependent on a customer’s delivery location.” That’s a shift for Amazon, which has partly cemented its dominance in e-commerce by offering faster delivery speeds than its competitors." https://www.cnbc.com/2024/11/13/amazon-haul-discount-storefront-debuts-to-take-on-temu-and-shein-.html
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Dan Romero
@dwr.eth
Wonder how tariffs will affect.
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Zach
@zd
Assuming tariffs rise, obv would eat into their margin - but that hasn't stopped them before. I'm thinking they're launching before the holidays to get some initial momentum, and then will see if it's worth absorbing some of the tariff costs to maintain competitive pricing. Long game.
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